Potatoes fell in price in Moldova

Published 2023년 3월 9일

Tridge summary

The article discusses the fluctuating wholesale and retail prices of last year's potatoes in Moldova, which have seen a 7% decrease to around 6.5 lei/kg ($0.34/kg). The price fluctuations are attributed to two-week cycles and the impact of abnormally warm weather and low demand. Despite the decreased prices, they remain at a five-year high both in lei and dollar terms. The average price for potatoes in Moldova is currently the highest in Europe, except in Georgia. Importation of Ukrainian potatoes, which were previously a significant source, has significantly reduced, and local farmers are currently unable to offer products for return loading from Moldova to Ukraine, leading to a shortage of high-quality Ukrainian potatoes in some Chisinau supermarket chains.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Last week, on the Moldovan market, the wholesale price for last year's potatoes decreased by about 7%, on average to 6.5 lei/kg ($0.34/kg). However, the downward trend is unstable, this week the prices in the wholesale and retail markets of Chisinau fluctuate up and down in the range of 0.5-1 lei/kg almost every day. EastFruit monitoring shows that since the end of January, the price dynamics in the Moldovan potato market has been developing in two-week cycles - an increase in price is replaced by a decrease in prices by about the same amount. Forecasts of market traders for March are contradictory: for a further gradual decline in prices - abnormally warm weather and weak demand from buyers, for stabilization and even a gradual rise in prices - modest commodity stocks of potatoes from local farmers and the lack of supplies from Ukraine and Poland. At the same time, it is worth considering that at the moment the average price for potatoes in Moldova is at the maximum level for ...
Source: Eastfruit

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